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Canada Hits Back with 50% Tariffs | Vancouver News
Description
Canada’s trade war with the U.S. just escalated—new 50% tariffs hit goods overnight after last-minute talks collapsed, with Ottawa vowing dollar-for-dollar retaliation starting September 8th. British Columbia’s economy is in the crosshairs, as wood and paper exports—making up 13% of its U.S. sales—are now at risk. Businesses are scrambling to stockpile inventory, while officials push for local support like sea salt to fill the gap. The federal government promises full backing for affected companies as this volatile standoff continues to unfold.
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